Mar 27, 2024 03:54 AM

BUSINESS

TikTok’s Fate Hangs in the Political Balance Ahead of U.S. Presidential Election

By Du Zhihang, Guan Cong, Qu Yunxu and Denise Jia

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TikTok CEO has embarked on a personal lobbying mission to Washington.

TikTok CEO has embarked on a personal lobbying mission to Washington.

A bipartisan bill passed by the U.S. House of Representatives would give TikTok’s Chinese owner ByteDance Ltd. 180 days to sell the popular short-video app or risk a ban in the U.S. The timeline adds significant uncertainty to TikTok’s fate as the outcome of the impending presidential election could greatly influence the government’s stance on the matter.

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